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Max Grossman - Interra Realty Sells Multifamily Property In South Shore, Chicago For $1.065M

Property Image
SOLD
$1,065,000

Illinois

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MultiFamily
Sold 06/17/2022
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Property Image
SOLD

Max Grossman - Interra Realty Sells Multifamily Property In South Shore, Chicago For $1.065M

7801 South Constance Avenue, Chicago, Illinois 60649, United States

See Similar Deals
MultiFamily
Sold 06/17/2022
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Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

A multifamily property located at 7801 S Constance Ave in South Shore, Chicago has been sold for a total price of $1,065,000. The transaction took place on 06/17/2022. The property, captured in an image by Max Grossman, is situated in the South Shore market.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,065,000
  • Date: 06/17/2022
  • Address: 7801 S Constance Ave
  • Market: South Shore, Chicago

The sale of this multifamily property was facilitated by Max Grossman of Interra Realty.

Players

Max Grossman
13 deals$25.4M volume
BROKER

Details

SOLD
IMAGE: Max Grossman DATE: 06/17/2022 ADDRESS: 7801 S Constance Ave MARKET: South Shore, Chicago ASSET TYPE: Multifamily BROKER: Max Grossman (@MaxGrossman__) - Interra Realty (@InterraRealty) SALE PRICE: $1,065,000

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$56,800.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,783.71
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,048.64
Annual Debt Service$60,583.72